Nio’s Firefly models will still be competitive in Europe even with the surcharge, says William Li

In the long term, if local sales reach a certain level, say 100,000 units, local production should take place, Nio CEO William Li said. (A Nio EC7 on display at the Shanghai New Energy Vehicle Show in early June 2024. Image credit: CnEVPost) Nio (NYSE: NIO ) founder, chairman and CEO William Li expressed his … Read more

France leads the pack for funding generative artificial intelligence in Europe

Digital generated image of abstract AI data chat icons flying over digital surface with codes

Like it or hate it, artificial intelligence — specifically generative AI — is THE the technology story of 2024. OpenAI, with the distribution of viral services like ChatGPT and billions in funding, may have gobbled up most of the attention and money so far. But according to a new report from top VC Accel and … Read more